Quarterly report pursuant to Section 13 or 15(d)

Business Combination (Tables)

v2.4.1.9
Business Combination (Tables)
 3 Months Ended
Mar. 31, 2015
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
Consideration:
Cash
$
9,250

Fair value of total consideration transferred
$
9,250

The following table summarizes the fair values of the assets acquired and liabilities assumed at the acquisition date. The Company completed the purchase price allocation for its acquisition of Physpeed as of December 31, 2014.
Financial assets
$
114

Accounts receivable
447

Prepaid expenses
28

Inventory
69

Fixed assets
56

Identifiable intangible assets
10,000

Financial liabilities
(65
)
Liability arising from potential earn-out consideration
(265
)
Net deferred tax liability
(2,335
)
Total identifiable net assets
8,049

Goodwill
1,201

 
$
9,250